What Happened
Baghdad Airport Development Halted Amid Tendering Irregularities
Iraq has cancelled a $764 million project to upgrade and expand Baghdad International Airport due to corruption concerns. The project, awarded to a consortium including Corporacion America Airports and Amwaj International, was intended to modernize Iraq’s aviation sector. However, government officials raised suspicions about the tendering process and contract terms, leading to the cancellation. This development was reported by Reuters.